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elkimmeg
Guest
Yesterday oil futures hit $78 per barrel. It seems there are problems in the North Sea production, causing the pricing increases.
That and the switching over to produce home heating oil for the upcoming season. Home heating Oil now cost $2..11 to produce leaving the refineries
The last time it was priced this high was last Aug. Part of the problem is not supply related, but refineries are now at peak demand.
We just do not have enough refinery capacities to meet the demand. For those that may not know, no new refineries have been built in USA since the 70's
At this point every glitch cough will disrupt production and prices will soar Including Hurricanes. That wood/ pettet/corn/ coal/ stove may be looking mighty good come January
Time is almost gone to season wood properly. Time to get pellet supplies in order. Pellet wise the time is now. I doubt there will be any price declines in the next few months.
and if shortages occcures these prices today are looking good. Another Katrinia disaster, all bets are off finding economical pellet prices..
Here is a question I been thinking are pellet supplies like our oil refinery capacities they are at Peak ? IF so how does that effect pellet stove sales?
It is still early but how are pellet stove sales going. How are pellet sales progressing what about supplies?
Moderators this post might be better in the hearth? Please this is not Pellet VS wood debate, but a reality check of what to expect and current pricing and supply conditions.
If you want to debate Pellet VS wood start a new post
That and the switching over to produce home heating oil for the upcoming season. Home heating Oil now cost $2..11 to produce leaving the refineries
The last time it was priced this high was last Aug. Part of the problem is not supply related, but refineries are now at peak demand.
We just do not have enough refinery capacities to meet the demand. For those that may not know, no new refineries have been built in USA since the 70's
At this point every glitch cough will disrupt production and prices will soar Including Hurricanes. That wood/ pettet/corn/ coal/ stove may be looking mighty good come January
Time is almost gone to season wood properly. Time to get pellet supplies in order. Pellet wise the time is now. I doubt there will be any price declines in the next few months.
and if shortages occcures these prices today are looking good. Another Katrinia disaster, all bets are off finding economical pellet prices..
Here is a question I been thinking are pellet supplies like our oil refinery capacities they are at Peak ? IF so how does that effect pellet stove sales?
It is still early but how are pellet stove sales going. How are pellet sales progressing what about supplies?
Moderators this post might be better in the hearth? Please this is not Pellet VS wood debate, but a reality check of what to expect and current pricing and supply conditions.
If you want to debate Pellet VS wood start a new post